Lincolnwood Real Estate Market Update January 2019
Real Estate In Lincolnwood is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.67 months supply of inventory on the market in Lincolnwood on January 31, 2019.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Lincolnwood last month was 70 days.
It took on average 98 days to sell Lincolnwood Condo, Townhouse or a Duplex.
The number of home sales in Lincolnwood from December 1, 2018 through December 31, 2018 was 10 units. That is 1% above the number of homes sold last month in Lincolnwood.
The average price per square foot in the area is now $153/Sq.Ft, which is 11% an increase from last month.
In Lincolnwood there were 3 units sold in December in the price range between $163,000 – $307,165 with an average of 2 bedrooms and 1.7 bathrooms and average Square footage of 1,470SF.
In Lincolnwood there were 6 units sold in December in the price range between $307,166 – $875,664 with an average of 3.7 bedrooms and 2.3 bathrooms and average Square footage of 2,051SF.
In Lincolnwood there were 1 units sold in December in the price range between $875,665 – $1,300,000 with an average of 5 bedrooms and 5.1 bathrooms and average Square footage of 5,855SF.
The low price range had the most activity. Homes up to $307,165 were on the market on average 69 days and sold an average of $190,666.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Lincolnwood. Search all Lincolnwood homes for Sale on propertyup.com If you are considering viewing Lincolnwood, you may want to do so now!
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source https://realestatevibe.com/lincolnwood-real-estate-market-update-January-2019/
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